Ed Harrison

Nancy Cook, a senior national political correspondent at Bloomberg who has covered Trump since 2016, joins Ed Harrison, a senior editor and author of Bloomberg's Everything Risk newsletter. They dive into the implications of Trump's tariff plan and its impact on the U.S. economy. The discussion highlights rising recession and inflation risks, market turmoil from high tariffs, and the complexities of current trade strategies. They also touch on tax reforms, national debt concerns, and the historical context of these economic challenges.

Anna Wong, Chief US Economist for Bloomberg, and Ed Harrison, Senior Strategist and author of the Everything Risk newsletter, dive into the paradox of the stock market reaching record highs amid economic uncertainty. They discuss why investors are holding onto stocks despite concerns of overvaluation, explore the impact of tariffs on profitability, and analyze the relationship between interest rate expectations and market performance. The conversation also touches on the delicate balance of Federal Reserve policies and ongoing economic turbulence.